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Chinese shares open sharply higher on trading tax cut

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Tags: chinese, cut, higher, open, shares, sharply, tax, trading

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04-23-2008, 11:50 PM

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Chinese shares open sharply higher on trading tax cut

Chinese shares opened nearly 8 percent higher on Thursday morning, boosted by an overnight stock trading tax cut. The benchmark Shanghai Composite Index opened 261.54 points, or7.98 percent higher at 3539.87 points on Thursday. ...

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